A 2019 Pew Research poll found that 73% ofU.S. adults believe that the economic gapbetween the rich and poor in the UnitedStates will widen over the next 30 years. Thesurvey assessed whether Americans feeloptimistic or pessimistic about the country'sfuture. Let's assume that 0.73 is thepopulation proportion. Suppose randomsamples of 150 U.S. adults are randomlyselected.The markers along the horizontal axis are onestandard error apart, with the center at themean. Use the sample size and populationproportion to determine the standard errorfirst. Round the standard error to 3 decimalplaces, and then select the correct values forthe markers from the choices provided.Starting from the left,three standarderrors below themeantwo standard errorsbelow the mean[Choose ][Choose ]

Answered: A 2019 Pew Research poll found that 73%…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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7.
The price of a share of stock divided by the company's estimated future earnings per share is called the P/E ratio. High P/E ratios usually indicate "growth" stocks, or maybe stocks that are simply overpriced. Low P/E ratios indicate "value" stocks or bargain stocks. A random sample of 51 of the largest companies in the United States gave the following P/E ratiost. 9 20 11 35 19 13 15 21 29 53 16 26 21 14 21 27 10 12 47 14 40 18 60 72 33 14 8 49 5 16 8 19 12 31 67 51 26 18 17 20 19 13 25 23 27 44 20 27 19 18 32 (a) Use a calculator with mean and sample standard deviation keys to find the sample mean x and sample standard deviation s. (Round your answers to one decimal place.) (b) Find a 90% confidence interval for the P/E population mean u of all large U.S. companies. (Round your answers to one decimal place.) lower limit upper limit (c) Find a 99% confidence interval for the P/E population mean u of all large U.S. companies. (Round your answers to one decimal place.) lower limit upper…
Foxbees magazine published data on the best small firms in 2012. These publicly traded firms have a stock price of at least $5 per share and have reported annual revenue between $5 million and $1 billion. The data below shows the ages of the corporate CEOS for a random sample of these firms. 49 67 59 48 45 49 39 44 37 38 48 38 43 48 62 74 70 58 58 40 74 35 36 54 38 45 54 55 64 75 69 36 55 72 69 60 40 64 39 59 74 52 40 49 38 38 74 50 55 50 R vector Copy to clipboard a) What is the mean of the sample? (Round to 4 decimal places) b) What is the standard deviation of the sample mean or the standard error? (Round to 4 decimal places) c) What is the sample size? (Round to whole number)
Sleep apnea is a condition in which the sufferers stop breathing momentarily while they are asleep. This condition results in lack of sleep and extreme fatigue during waking hours. A current estimate is that 11.911.9 million out of the 312.7312.7 million Americans suffer from sleep apnea, or approximately 3.8%3.8%. A safety commission is concerned about the percentage of commercial truck drivers who suffer from sleep apnea. They do not have any reason to believe that it would be higher or lower than the population’s percentage. To test the claim that the percentage of commercial truck drivers who suffer from sleep apnea is not 3.8%3.8%, a simple random sample of 347347 commercial truck drivers is examined by a medical expert, who concludes that 66 suffer from sleep apnea. Does this evidence support the claim that the percentage of commercial truck drivers who suffer from sleep apnea is not 3.8%3.8%? Use a 0.020.02 level of significance. Step 3 of 4 : Find the p-value. Round…
International experience around the world is important in our culture of globalization. According to NAFSA, 54.5% of all American students traveling abroad went to Europe in the 2014-2015 academic year. To determine if there is shift in the proportion of students traveling to Europe, suppose a random sample of 300 students who had studied abroad was taken for the 2015-2016 school year. One-hundred sixty of the students traveled to Europe. a. Conduct a test to determine if the proportion of students traveling to Europe has changed. Be sure to provide a complete write-up. b. Based on the hypothesis test, would you expect 0.545 to be in confidence interval for the proportion? Explain without constructing the interval.
A Pew Research Center report published on February 2, 2022 says, “In a national survey by Pew Research Center, 54% of U.S. adults say they have a favorable opinion of the Supreme Court while 44% have an unfavorable view, and 84% say justices should not bring their political views into decisions.” Answer the given problems based on the assumption that the above figures represent the true proportion of current U.S. people’s opinion. 4.1. If 20 U.S. adults are selected at random, what is the probability that less than half the selected people have favorable view on U.S. Supreme Court? 4.2. If 20 U.S. adults are selected at random, what is the probability that more than half the selected people have unfavorable view on U.S. Supreme Court? 4.3. If 5,128 U.S. adults were interviewed, what are the expected value of the number of people that answered that the justices should not bring their political views into decisions? What is the probability standard deviation in this case?
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In a 2018 Poll 447 out of 486 supported universal background checks for all gun sales in the U.S. In a similar poll from 2015, 276 of 321 interviewed supported universal background checks. Is this significant evidence that the percent of the population that supports universal background checks in the U.S. has decreased during this time?
There are 435 seats in a nation's House of Representatives. The number of representatives per state is calculated using a statistical formula determined by law, but allocation is roughly proportionate to population. In 2010, the nation's population was estimated to be 309.1 million. The state's population was estimated at 26.1 million. How many representatives would you expect to be assigned to the state? Suppose the state actually has 34 representatives. Compare this with the expected number of representatives from the state.
Sleep apnea is a condition in which the sufferers stop breathing momentarily while they are asleep. This condition results in lack of sleep and extreme fatigue during waking hours. A current estimate is that 16.3 million out of the 312.7 million Americans suffer from sleep apnea, or approximately 5.2%. A safety commission is concerned about the percentage of commercial truck drivers who suffer from sleep apnea. They do not have any reason to believe that it would be higher or lower than the population’s percentage. To test the claim that the percentage of commercial truck drivers who suffer from sleep apnea is not 5.2%, a simple random sample of 380380 commercial truck drivers is examined by a medical expert, who concludes that 29 suffer from sleep apnea. Does this evidence support the claim that the percentage of commercial truck drivers who suffer from sleep apnea is not 5.2%? Use a 0.01 level of significance. Step 1 of 3 : State the null and alternative hypotheses for the test.…
Chapter 5, Section 2, Exercise 051 More Information From the Online Dating Survey A survey conducted in July 2015 asked a random sample of American adults whether they had ever used online dating (either an online dating site or a dating app on their cell phone).College-Educated or Not?The survey also asked participants for their level of education, and we wish to estimate the difference in the proportion to use online dating between those with a college degree and those with a high school degree or less. The results are shown in the two-way table below. College High School Total Yes 157 70 227 No 666 565 1231 Total 823 635 1458Table 1: Have you ever used an online dating site or a dating app? (a) What proportion of college graduates answered yes when asked if they had ever used online dating? What proportion of those with a high school degree or less said yes? What is the sample difference in proportions?Let pC and pH be the…

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